ITT boss rose fast Youthful-looking Kevin Modany has huge shoes to fill after taking over as ITT Educational Services Inc.’s chief executive for Rene Champagne, who retired. Refunds taken off hold The state’s 30 or so independent payphone operators may begin receiving refunds next month from AT&T Indiana and Verizon for excess charges the phone […]
Former Colts quarterback Jack Trudeau now faces a felony charge of obstructing justice. Police say Trudeau refused to hand over a guest list of teenagers at a graduation party for Park Tudor students at his home. Police found open containers of alcohol at the home. Conseco Inc. co-founder Steve Hilbert and his wife, Tomisue, also […]
P. Schoenfeld Asset Management LLC intends to vote in opposition to the $10.9 billion buyout offer for Warsaw prosthetics company Biomet Inc., according to The New York Times. The New York firm owns 0.5 percent of Biomet shares. Last week, Institutional Shareholder Services, a Maryland shareholder advisory service, recommended voting against the offer because it […]
A sister of Indianapolis Colts coach Tony Dungy has put their childhood home in Jackson, Mich., up for sale. Sherrilyn Sims is asking $52,900, nearly $6,000 less than its assessed value in the depressed south-central Michigan housing market, according to The Jackson Citizen Patriot. The buyer will receive an autographed photo and copy of Dungy’s […]
Associated Press The costs of responding to crashes on the Indiana Toll Road have some local fire departments asking the highway’s private operator to help pay the bill. The toll road company, though, said it would not change its stance that the departments should be seeking money from those responsible for the crashes. A chain-reaction […]
Former Colts quarterback Jack Trudeau now faces a felony charge of obstructing justice. Police say Trudeau refused to hand over a guest list of teenagers at a graduation party for Park Tudor students at his home. Police found open containers of alcohol at the home. Conseco Inc. co-founder Steve Hilbert and his wife, Tomisue, also […]
Investigators say a garage fire on Boyd Avenue on the southeast side of Indianapolis early this morning is suspicious. It is the latest of several fires along the Raymond Street corridor. Meanwhile, Robert Green, whom police believe is connected to at least one fire in the area, is scheduled to appear in court today. Watch […]
Associated Press The company planning to build a natural gas pipeline across central Indiana said it was working to provide details to a federal agency so it can gain approval for the project. The Federal Energy Regulatory Commission last week sent its fourth letter in five months to Rockies Express seeking environmental information and project […]
A hearing to determine if two Perry Township school board members can vote on the superintendent’s future continues today. Superintendent Doug Williams has asked a federal judge to prevent the members from voting on his contract. Williams says he’s being denied due process because they have made up their minds about his fate.
Police are searching for two men in connection with an overnight shooting on Colorado Avenue on the near-northeast side. A man was shot multiple times while unloading groceries and is in critical condition.
Patrick Industries Inc. has warned 44 workers that they might be laid off because of plans to close an Elkhart plant that makes interior doors for RVs and motor homes, according to the South Bend Tribune. Elkhart-based Patrick has 1,000 workers supplying the RV industry.
ITT boss rose fast Youthful-looking Kevin Modany has huge shoes to fill after taking over as ITT Educational Services Inc.’s chief executive for Rene Champagne, who retired. Refunds taken off hold The state’s 30 or so independent payphone operators may begin receiving refunds next month from AT&T Indiana and Verizon for excess charges the phone […]
P. Schoenfeld Asset Management LLC intends to vote in opposition to the $10.9 billion buyout offer for Warsaw prosthetics company Biomet Inc., according to The New York Times. The New York firm owns 0.5 percent of Biomet shares. Last week, Institutional Shareholder Services, a Maryland shareholder advisory service, recommended voting against the offer because it […]
Premier Properties has a deal to move D’vine A Wine Bar out of a building set to be razed as part of its massive Woodfield Crossing project. Read more in IBJ‘s Property Lines real estate blog.
A joint venture between Indianapolis-based Rightway Fasteners Inc. and Sugiura Seisakusho Co. of Japan plans to build a 170,000-square-foot manufacturing and distribution project in Columbus to triple production of automotive nuts, bolts and specialty fasteners. Headcount at the new Sunright America site will nearly double, to 101. The $19 million project received $844,000 in incentives.
Indianapolis Star managers Monday afternoon informed newsroom staffers that the paper’s business section would no longer be a stand-alone section beginning in late June. Staffers were told the section would become part of the Metro & State section. It is unclear whether the business section will have its own front page within the Metro & […]
Indianapolis-based Celadon Group Inc. has bought the truckload business as well as some tractors and trailers from cross-town trucking firm Air Road Express Inc. for an undisclosed price. Excluding fuel surcharges, the Air Road Express truckload operation logged about $26 million in revenue last year. Celadon said it made the purchase to broaden its customer […]
P. Schoenfeld Asset Management LLC intends to vote in opposition to the $10.9 billion buyout offer for Warsaw prosthetics company Biomet Inc., according to The New York Times. The New York firm owns 0.5 percent of Biomet shares. Last week, Institutional Shareholder Services, a Maryland shareholder advisory service, recommended voting against the offer because it […]
Patrick Industries Inc. has warned 44 workers that they might be laid off because of plans to close an Elkhart plant that makes interior doors for RVs and motor homes, according to the South Bend Tribune. Elkhart-based Patrick has employs 1,000 workers who supply the RV industry.
The Fishers Town Council last night approved rezoning a portion of land at the site of the proposed RiverPlace project to allow residential units in addition to an already planned retail and business district, according to WXIN-TV Fox 59. The development will be located at 96th Street and Allisonville Road. Plans for the site include […]
